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Sequoia Financial Group Ltd (ASX:SEQ)
ALERT: Price-sensitive ASX Announcement for SEQ
Current share price for SEQ : $0.110 -0.095 (-46.34%)+
Announcement
Release
1 May 2026 9:38AM
Price at Release
$0.205
Full Release
Summary
Sequoia Financial Group Ltd (ASX:SEQ) announced the termination of its Share Sale Agreement with Conquest Investment Partners Pty Ltd for the disposal of its subsidiary, InterPrac Financial Planning Pty Ltd. The decision followed the inability to satisfy all conditions necessary for the transaction within the required timeframe. Consequently, the sale will not proceed as initially planned. Sequoia intends to continue exploring strategic options for InterPrac and commits to updating the market as per its disclosure obligations.
Key Points
- Termination of Share Sale Agreement with Conquest Investment Partners Pty Ltd
- Inability to meet transaction conditions in the required timeframe
- Proposed sale of InterPrac Financial Planning Pty Ltd will not proceed
- Sequoia to explore strategic options for InterPrac
- Commitment to continuous disclosure obligations
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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